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  • Wall Street Breakfast: Must-Know News [View article]
    Tangible Comodity Backed Money and => No Off Accounting Book Assets; These two changes would force most Nefarious Action to look elswhere for "Magic Money Fountains".

    The politicians will never allow there "Campaign Contributions" to be jepordized. The result will be purgatory for "Effective Reform".

    Notice the PPIP program that gets little attention, that uses 50% public money to "Shuffle Derivatives" while FEES are gathered. It is interesting that many in this program are Both Cause And Benefactor of the current financial calamity.
    Oct 08 13:37 pm |Rating: +3 0 |Link to Comment
  • Are Financial Stocks Preparing for 'The Fall'? [View article]
    "Its disconcerting that I had to reload/start over this page 3+ times because of advertising/popup/lies about the state of my machine." - Cabdriver

    Good Information Usually Has More Predators Lurking Around It. I have been seeing much "Sign" in the comments of "Phishing".


    On Aug 19 04:35 PM Cabdriver wrote:

    > Its disconcerting that I had to reload/start over this page 3+ times
    > because of advertising/popup/lies about the state of my machine.
    > I just signed up yesterday, was refered to this article by updown.com,
    > & some advertiser has to play games with me. I hope this doesn't
    > continue lest I resign just as quick.
    >
    > Back to the article, interesting, but not one mention of the "Big"
    > players; the Fed & that Prince [Aliweed I think, at$4 if memory
    > serves, is still abuck below what he bought at the last time we went
    > through this with the banking sector aka S&L "crisis"]. As a
    > relative newbie to the market, I'll consider all the info provided
    > in addition to the history. As for "cheerleaders", well those of
    > us that are "retired" understand the motivations of fellow retirees,
    > like the other banks [I'm looking at you PNC] there was a big opportunity
    > to profit when "others were losing their heads", I welcome any time
    > I can double my money either by folding it in half or siding with
    > the Fed for a short term. Is "C" another, I'm too conservative &
    > I don't think anyone has a handle yet on what the short term fixes
    > will "yeild", though I am very curious how folks intend to "repair"
    > Citi 1st before I'll focus on the charts/price/ect. If anyone has
    > more info on the overhaul, I hope they bring it out into the open.
    Aug 20 05:10 am |Rating: +1 -1 |Link to Comment
  • Are Financial Stocks Preparing for 'The Fall'? [View article]
    "However, sometimes I do (honestly) wonder if many of you aren’t just pissed off at the world that you’ve missed this sustained rally and all you know how to do is complain and/or short the market." - Novice Trader


    Not So Much "Pissed Off" As "Amazed" That "Accountability" Can Be So "Easily Discarded".

    Should Have Figured On The "Rally". According To The "Corollary" Of The Last "Great Over Leveraging" We Have 2 to 3 More "Bounces" To Go Before Bottom.

    Who Knows; Maybe "Fiat Reigns Supreme If No One Pays Attention".

    Seems As If "Questions" Are Brewing. Landslides Move Slow At First.
    Aug 20 04:58 am |Rating: +6 -2 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Republican/Democrat Is A Fallacy - They Are One In Action; The Money Party.

    Those that put their faith in words or labels will be disappointed when it is discovered they were deluded.

    Action and Event are the only measure of Reality.

    Do Not Consider What Is "Expected"; Consider What "Is".

    Evaluation must be made by analysis of the individual, Not By Party Affiliation.

    What I Am Seeing Will Lead To Grim Consequences.

    Be American First - Club Member Last.
    Apr 08 15:09 pm |Rating: +5 -1 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    "Significant Judgment" means "Because I Say So".

    This valuation method is already in effect and is just now about to be legitimized.




    On Mar 17 08:22 AM daffy wrote:

    > I am very curious about the mark-to-market modification. What does
    > "significant judgment" mean? Is that a new legalese term? It seems
    > to make sense to me to modify the rules such that maturity dates
    > of 10 years or greater would not be subject, but how does that equate
    > to significant judgment?
    Mar 17 15:34 pm |Rating: 0 0 |Link to Comment
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